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Home Improvement Retail Industry Stocks Technical Analysis - HDArchive
- 10/30/2026 -
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Home Depot (HD) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a fourth positive week after 8 consecutive negative weeks for the Home Depot (HD). During the week, the HD gained 9.37 points, or 2.93%, and closed at 329.20 on Friday, October 30, 2026. Weekly volume was -18% below average.
 Long-term trend: [See HD long-term trend chart]
A long-term downtrend had started on September 17, 2025 at 426.75 and reached 277.15 on October 1, 2026. HD lost 149.60 points, or 35.06%, in 54 weeks. The price is now at the 34.79% retracement level.
 Medium-term trend: [See HD medium-term trend chart]
A medium-term downtrend had started on July 6, 2026 at 358.85 and reached 277.15 on October 1, 2026. HD lost 81.70 points, or 22.77%, in 12 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 257.48 and resistance is at 357.28. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See HD weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
 Short-term trend: [See HD short-term trend chart]
A short-term uptrend had started on October 1, 2026 at 277.15 and reached 334.80 on October 30, 2026. HD gained -57.65 points, or -20.80%, in 29 days. The price is now at the 9.71% retracement level.
 Daily Technical Indicators: [See HD daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is above its signal line since October 6, 2026. This is an indication that the short-term trend is up.
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